M&A Deal Summary

Orbital Energy Services Acquires Turbine Engineering Concepts

On September 13, 2012, Orbital Energy Services acquired engineering company Turbine Engineering Concepts

Acquisition Highlights
  • This is Orbital Energy Services’ 1st transaction in the Engineering sector.
  • This is Orbital Energy Services’ 1st transaction in the United States.
  • This is Orbital Energy Services’ 1st transaction in Georgia.

M&A Deal Summary

Date 2012-09-13
Target Turbine Engineering Concepts
Sector Engineering
Buyer(s) Orbital Energy Services
Deal Type Add-on Acquisition

Target

Turbine Engineering Concepts

Gainesville, Georgia, United States
Turbine Engineering Concepts, Inc. is a provider of fabrication inspection and repair services.

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Buyer(S) 1

Buyer

Orbital Energy Services

Gainesville, Georgia, United States

Category Company
Founded 1996
Sector Business Services
DESCRIPTION

Orbital Energy Services is a provider of inspections, in-house, and on-site machining and repair services, shaft and journal repairs, fan shaft restoration, and steam valve repairs for utilities and power generation clients. The company services the Utilities, Pulp and Paper, Municipal Power, and Turbine/Valve OEM industries. OTT deploys experienced field technicians, field service equipment, and numerous portable machine shops to handle both planned outages and emergency work. The company also performs advanced in-house and on-site machining to remove and replace repaired parts, optical and laser alignment, reverse engineering, and turbine part replacement. Orbital Energy Services was founded in 1996 and is based in Gainesville, Georgia.


DEAL STATS #
Overall 1 of 2
Sector (Engineering) 1 of 1
Type (Add-on Acquisition) 1 of 2
State (Georgia) 1 of 1
Country (United States) 1 of 2
Year (2012) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-11-22 Century Turbine Repair

Pevely, Missouri, United States

Buy -